 "technicals")
Nifty outlook and top trading ideas by Devarsh Vakil & Vinay Rajani - PCG Desk, HDFC securities:
Nifty View
On Tuesday, Nifty broke 8-day winning streak and closed with a loss of 29 points. Primary trend is still bullish and 10,300 is the level, which should be kept as a stop loss in trading long positions. Nifty has been facing resistance in the zone of 10,400-10,410 for last 3 sessions. Any level above 10,410 would extend the rally towards 10600 levels.
Buy Green Ply
CMP: Rs 323.5
SL: Rs305
Target: Rs 365
Stock has registered its new all-time high on closing basis at Rs 323.50. On Monthly
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